Picked this guy up this past weekend at a local show. Shame about the issues... but still a super scarce piece.
I normally don't venture into US coin forums but for some reason I did. And I'm glad I did - it looks impressive despite the damage. No problem with damaged coins as long as it's reasonably priced.
Boy nice find but talk about rode hard and put away wet.....gee. Drilled and what ever else. But will admit she sure still has a lot of meat still left on the bone,
Seems like even in such condition, it's a required buy because there has to be a market for such scarce but damaged coins. It likely brings the into a price point that makes it available to collectors that want one, but can't afford a problem free example.
I agree ,but I personally can't ..... I've over the years have tried. But unless it's borderline vf/xf. + I won't pull the trigger . Now that's me I do understand others will and gladly do so. My worries are what if I'm forced to sell a high dollar white whale.
Indeed. It would need a gigantic discount from equivalent problem-free for me. I once saw a holed ~Fine 1850s Seated dollar with legible date at an antiques mall for ~$50 about 2 years ago. Knowing the Seated dollar market better now, that would have been a good buy 'just for fun'.
I have never found older holed coins unattractive. Knowing that holing coins was a common practice for wearing them, not just as jewelry but, in a day before pockets were common in clothing, as convenient storage, they tell an interesting story. The same for considerable wear. For me much of the collecting of coins is an historical romance. When I hold (and with these coins you can physically touch them) I like to ponder the questions of who else held these coins, what did they spend them on, what stories could they tell if they could speak. A BU coin, for me, though it looks good, is sterile of this kind of romantic history. Holes and wear are no problem for me.